Brazil improves cocoa market with high-tech harvesting to address global shortages and rising prices due to West African issues.

Brazil's cocoa farms employ high-tech harvesting to upgrade the ailing market, improving on traditional methods. This modernization could lead to industry revival in Brazil and help global markets facing severe cocoa bean shortages from West African top growers. Cocoa prices have doubled this year due to extreme weather, disease, and structural issues affecting Ivory Coast and Ghana supplies.

April 07, 2024
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